"I am as bearish on stocks as I have been in some time," writes Doug Kass. "Much of the current...

|By:, SA News Editor

"I am as bearish on stocks as I have been in some time," writes Doug Kass. "Much of the current investor optimism expressed in a rising stock market is not consistent with the underlying economic and profit data," he continues, saying the exact same thing David Einhorn said on the GLRE earnings call yesterday.